San Fernando Valley Business Journal


Medical Magnet

Developers see Tarzana as hub for health careTarzana’s newest medical building will open doors to advanced cancer treatment for locals and could boost medical office construction in the area.

By Carol Lawrence May 30, 2016 midnight   $$ Share
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Profit Motive Drives Racing Fund

FINANCE: Formula One fans unite passions for money and motorsport.

Formula One in Lancaster? Company floats mutual fund that attracts fans and their money.

Drug Champs Try for Repeat

BIOTECH: Former Kythera execs unveil next billion-dollar idea.

From chin fat to hair and acne: former Kythera execs form another cosmetic treatment startup.

Walmart Preps Megastore Debut

RETAIL: Burbank location starts hiring for summer opening.

Three years delayed, Walmart is set to open its Burbank supercenter.

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Big-Screen Games Fill Cinema Seats

Simi theater offers alternatives to studio movies with popcorn.

Iconic movies and online interactive games lure audiences to Studio Movie Grill in Simi Valley.

Tech Firm Tries Travel Site Rewrites

Search engine ranking figures into content for hospitality clients.

Moravia IT expands from technology to travel website content creation.

Parking Fees Can Change On the Go

Van Nuys company’s new system enables demand-based pricing.

Sentry’s new parking system flips fees in real-time.

Kosher Meals At Fingertips With App

Users can find nearby Jewish food providers on their smartphones.

Kosher Near Me expands database and turns cash-positive.

Lots of Cars Coming to AV

AUTOMOTIVE: CarMax to open dealership and refurbishment center in Palmdale.

CarMax to boost Palmdale workforce with new center.

Bargain Price Buys Scaled-Down United Online

INTERNET: B. Riley offers $170 million for firm after it sold off its biggest brands.

B. Riley will steady cash flow with bargain purchase of United Online.

Glendale a Good Home for Hotel Development

HOSPITALITY: Three projects are part of plan to make the city a ‘destination.’

A six-story boutique hotel proposed in downtown Glendale was unanimously approved by the city’s Design Review Board earlier this month.

State High Court May Require Sitting on the Job

EMPLOYMENT: Retailers on the hot seat after decision reinterprets work order.

In drugstores and banks in the Valley region, customers might start to see more employees sitting on the job as a result of the California Supreme Court’s recent ruling.

Camarillo Flight School Issues First Pilot Licenses

EDUCATION: Students can take final exam in cockpit with local instructor.

Channel Islands Aviation this month started issuing licenses to students who successfully completed its private pilot course.

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Team Player

From the NFL to the Metro board, Mel Wilson has gotten ahead by getting along with people who help him realize his dreams.

From the segregated South, to the NFL, to owner of a real estate company, Mel Wilson talks about how he tackles business and political challenges.

Retail Becomes Residential in Mall Upgrade

REDEVELOPMENT: 765 condos and apartments to replace Burbank Ikea, other stores.

Finally, Burbank is getting a bit of the retail and housing boon sweeping across other parts of L.A. County.

Around the Valleys

News and notes from the greater San Fernando Valley

Lancaster’s city-run clean energy program received a $1.5 million grant from the California Energy Commission to support becoming a net zero energy city.


Calendar of events

The Adult Film Industry and You

Stuart Waldman: November ballot measure targeting adult films has broad potential impact on economy.

SPECIAL REPORT: Matthew A. Burke

As managing partner, Matthew Burke supervises operations of the Encino-based Singer Burke, including hiring, strategic planning and marketing.


Robert “Bob” Grimes is the local representative of EY’s network of 28,000 tax professionals in 120 countries.

SPECIAL REPORT: Donald Garrett

Donald Garrett still remembers one day in 1992 when a client called him in a panic. The L.A. riots were occurring, and protesters were marching down the street toward the client’s business.


William “Bill” Wolf knows all aspects of income taxation, from planning and estimating income to asset sales.

SPECIAL REPORT: Maier Rosenberg

Maier Rosenberg often works as a management consultant with expertise in accounting, performance and compliance.

SPECIAL REPORT: Jonathan Jacobs

Jonathan “Jake” Jacobs was one of those lucky children who knew what he wanted to become – an accountant.


With more than 30 years as a CPA, Jay Mangel is a partner in audit and financial advisory at Crowe Horwath’s Sherman Oaks office.